Nebraska Press Association Inc
- Assets
- $165.5k
- Revenue
- $243.9k
- Investments
- $0.0
- Employees
- 7
- Location
- Lincoln, NE
- Founding
- 02/1946
- Data as of
- 12/2021
- EIN
- 47-0249730
Organization Overview
Nebraska Press Association Inc is located in Lincoln, NE. The organization was established in 1946. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 12/2021, Nebraska Press Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Press Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Nebraska Press Association Inc generated $243.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $192.6k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE VARIOUS SERVICES FOR NEBRASKA NEWSPAPERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES TO PROMOTE THE MATERIAL, SOCIAL & PROFESSIONAL INTERESTS AND RELATIONS OF NEBRASKA EDITORS & PUBLISHERS OF NEBRASKA NEWSPAPERS THROUGH CONVENTIONS, CONFERENCES, BULLETINS AND NEWSLETTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Derossett Executive Di | Officer | 40 | $112,082 |
Amy Johnson President | OfficerTrustee | 1 | $0 |
Kevin Peterson Vice Preside | OfficerTrustee | 1 | $0 |
Willis Mahannah Treasurer | OfficerTrustee | 1 | $0 |
Terrie Baker Director | Trustee | 1 | $0 |
Rob Dump Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $127,876 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,876 |
| Total Program Service Revenue | $62,288 |
| Investment income | $54 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $243,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,649 |
| Compensation of current officers, directors, key employees. | $8,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,209 |
| Payroll taxes | $1,982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135 |
| Fees for services: Accounting | $7,766 |
| Fees for services: Lobbying | $21,209 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,471 |
| Advertising and promotion | $0 |
| Office expenses | $75 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,744 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $928 |
| Total functional expenses | $192,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,999 |
| Savings and temporary cash investments | $51,642 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,491 |
| Accounts payable and accrued expenses | $14,659 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,659 |
| Net assets without donor restrictions | $150,832 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $165,491 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nebraska Press Association Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Manhattan Inc Manhattan, KS | $47,090 | $233,786 |
Nebraska Press Association Inc Lincoln, NE | $165,491 | $243,856 |
National Association Of Insurance And Financial Advisors-Mn Inc Cedar Falls, IA | $110,595 | $0 |
Health Policy Consortium Sioux Falls, SD | $283,852 | $0 |
South Dakota Electrical Council Sioux Falls, SD | $61,590 | $0 |
Neca Des Moines Div Iowa Chapter Natl Elctrcl Cntrctrs Assoc Johnston, IA | $306,197 | $0 |
Wka Inc Kansas City, KS | $7,280 | $0 |
Womens Ceo Global Alliance-A Behavioral Health Leadership Round Evergreen, CO | $0 | $0 |